Jim Cramer Weighs In on SoFi’s (SOFI) $16–$19 Range

5 days ago 7

Syeda Seirut Javed

Tue, August 11, 2026 astatine 11:14 AM CDT 3 min read

During CNBC's Mad Money occurrence connected August 5, a caller questioned the near-term trajectory of SoFi Technologies, Inc. (NASDAQ:SOFI), pointing retired that the banal has remained stuck successful a choky trading set betwixt $16 and $19 implicit the past six months. The semipermanent shareholder asked whether big Jim Cramer maintains a affirmative outlook connected the institution contempt its stagnant terms action. Cramer responded:

Okay, look, SoFi, Robinhood, a clump of these fintech companies person benignant of been successful the doldrums, arsenic radical said, "You cognize what? We're focusing, we're going to spell close backmost to the old, JPMorgans and Bank of Americas and Bank of New Yorks. So, I deliberation what you're doing is you're seeing a displacement toward the old. It'll travel backmost to the new. Take your time. SoFi is good. I would ain it.

Jim Cramer Weighs In connected SoFi's (SOFI) $16–$19 Range

Navigating the $16–$19 Trading Band

SoFi Technologies, Inc.'s (NASDAQ:SOFI) six-month range-bound signifier betwixt $16 and $19 reflects a digestion play pursuing anterior enlargement waves. For semipermanent shareholders, Cramer's proposal centers connected patience alternatively than panic. By advising investors to "take your time" and confirming that helium "would ain it," Cramer emphasized that SoFi Technologies, Inc.'s (NASDAQ:SOFI) semipermanent maturation thesis remains intact.

The vexation implicit SoFi's range-bound stock terms contrasts with its performance. The institution delivered beardown second-quarter 2026 fiscal results, beating Wall Street expectations crossed top-line and bottom-line metrics. Non-GAAP net per stock came successful astatine $0.12, beating estimates by a penny, portion adjusted nett gross surged 40% year-over-year to $1.21 billion, outperforming statement of $1.12 billion. Total indebtedness originations reached a grounds $14.8 cardinal during the period.

Furthermore, lawsuit acquisition and merchandise cross-selling besides expanded importantly during the quarter. Total rank grew 35% year-over-year to a grounds 15.8 million, portion full products accrued 42% to 24.4 million. SoFi Technologies, Inc.'s (NASDAQ:SOFI) fiscal services productivity loop gained further traction, with existing members opening 51% of caller products added during the quarter.

Driven by this operational momentum, absorption raised its full-year 2026 adjusted nett gross guidance to betwixt $4.75 cardinal and $4.85 billion, surpassing the $4.70 cardinal statement estimate. For the afloat year, absorption continues to task adjusted EBITDA of astir $1.6 billion, representing a 33% to 34% margin, and adjusted nett income of $825 million, representing a 17% margin. This yields full-year adjusted EPS of astir $0.60 based connected an estimated 22% effectual taxation rate.

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